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In this special double header of the Keiser Report, Max Keiser and Stacy Herbert begin the New Year with a look at the latest Markets, Finance, Scandal!
They look at the economic indicators quacking like a recession duck – from the S&P to the Chicago PMI, more and more indices are indicating things are as bad as during the last financial collapse of 2007-2009.
They discuss ‘the next subprime trade’ as house prices rise while incomes decline, share prices rise as earnings decline and mom and pop investors pour into ‘low cost’ ETFs but may end up costing them ultimate price of total wealth destruction.
And, finally, they look at the energy pumper (Saudi Arabia) and the credit pumper (the USA) trying to destroy their upstart competitors by flooding the market with their own product.
Check Keiser Report websitefor more: http://www.maxkeiser.com/
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With the help of Max Keiser’s co-host, Stacy Herbert and guests from around the world, Keiser Report tells you what is really going on in the financial markets and global economy.
Keiser Report is brought to you by RT (Russia Today) http://rt.com
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